Demat
Demat
Account
Demat Account or dematerialized account provides the facility of holding shares and securities in electronic format. During online trading. Shares bought and held in demat account. Thus facilitating easy trade for users. A demat accounts holds all the investments an individual makes in shares, government securities, exchange traded funds, bonds and mutual funds in one place.
Benefits of Demat
- Easy and convenient way to hold securities
- Immediate transfer of securities
- No stamp duty on transfer of securities
- Safer than paper-shares (earlier risks associated with physical certificates such as bad delivery, fake securities, delays, thieves etc. are mostly eliminated)
- Reduce paperwork for transfer of securities
- Reduce transaction cost
- No “odd lot” problem: even one share can be sold
- A single demat account can hold investments in both equity and debt instruments
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